North San Antonio Edition | February 2023

Progress report

Number of housing units*

In progress

Complete

Rental

San Antonio’s 2021 Strategic Housing

29% to target

2031 target 14,158

2,728

1,401

Implementation Plan aims to build 28,094 multifamily, single-family and permanent supportive housing units citywide through 2031 via preservation of existing properties and new construction. By October

Homeownership

13% to target

2031 target 12,936

1,378

361

2022, the city saw 1,762 total housing units completed since SHIP’s adoption.

Permanent supportive housing 61

6% to target

2031 target 1,000

SOURCE: CITY OF SAN ANTONIOCOMMUNITY IMPACT

*THE COMPLETED OR IN PROGRESS NUMBERS REPRESENT PROJECTS THAT BEGAN OR FINISHED BETWEEN FALL 2021 AND 2022.

The U.S. Department of Housing and Urban Development uses local income ranges to generate an AMI number each summer. As of Feb. 1, the local AMI is $74,700 for a three-person household, HUD ocials said. Local ocials said they devel- oped the housing bond to supple- ment the SHIP, which the council adopted in 2021 with an aim of pro- ducing 28,094 total single-family and multifamily housing units citywide through 2031 through preservation and improvement of existing proper- ties and new development. “This is a long-standing mission that won’t get done overnight. It’s going to take at least 10 years to do this,” city Chief Housing Ocer Mark Carmona said. City ocials said, as of Feb. 1, approximately 1,401 rental units and 361 homeowner units had been

completed, than 4,100 aordable housing units under construction or in planning. Housing bond basics with more Some of the projects under devel- opment are included among the initial projects receiving housing bond proceeds. City ocials said they partnered with housing orga- nizations and citizens’ bond com- mittee members to review and score 29 total responses to separate requests for proposals, or RFPs, addressing three of ve overriding objectives outlined in the bond. City ocials said approved and upcoming housing bond projects are scored on various factors, such as cost, location and design, adding that new construction projects are also analyzed for risk of displacing exist- ing residents around the project site. Ultimately, three RFP evaluation panels made 14 project recommen- dations for council approval. One recommendation was for $19 million to build ve new rental communities; this money comes from $35 million the bond dedicated for new local rental housing priced for households earning up to 50% of the AMI. One RFP review panel recom- mended more than $19.9 million in bond funds for another six projects from the $40 million made available for acquiring, rehabilitating and pre- serving existing apartment proper- ties. These projects will be priced for households earning up to 30% of AMI. A third panel recommended three projects receive $4.82 million from $5 million the bond provides to build new single-family houses for home- ownership. These homes will be priced for households earning up to 80% AMI.

The council’s vote Dec. 15 directed more than $43.9 million in bond funds and federal monies to the rst 14 projects, which will add or preserve 2,532 units, including 2,461 rental and 71 homeownership opportunities. According to city ocials, the housing bond also added $45 million to existing city programs that help eligible homeowners address struc- tural repairs and code compliance issues to stave o risk of demolition and stay in place. Such residents must be making up to 50% of AMI, city ocials said. The housing bond allotted a nal $25 million to subsidize aordable housing with permanent on-site ser- vices to support people who have been experiencing homelessness. A citywide challenge Local government ocials and housing advocates said the housing bond and the SHIP both demonstrate their push to bolster housing aord- ability in various neighborhoods. Ed Hinojosa, president and CEO of Opportunity Home—formerly the San Antonio Housing Authority—voiced support for boosting dierent types of aordable housing in all parts of town. Hinojosa said COVID-19’s eco- nomic eects, including job losses, business disruptions, rental evic- tions and home foreclosures, have compounded housing aordability issues. He said his organization’s waitlist for local aordable housing rose from 35,000 in 2019 to 70,000 in early 2023. “Rent has increased 15% to 20% in many locations across the nation. The actual cost for people wanting to buy a home is increasing. The price of real estate has gone up. All of

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housing cost-burdened in 2019, meaning those homeowners or rent- ers spend more than 30% of their monthly income on mortgage or rent. “This direct investment in aord- able housing will considerably boost local housing supply, preserve our aging housing stock, protect our neighborhoods and will help ensure that everyone has a place to call San Antonio’s Neighborhood and Housing Services Department denes aordable housing as inexpensive and varied housing options dedicated to renters earning up to 60% of the San Antonio-New Braunfels area median income, or AMI, and homeowners making up to 120% of the AMI. home,” Nirenberg said. Dening aordability

Initial projects

San Antonio City Council in December approved more than $43.8 million in 2022 city housing bond funds and other monies to help support 14 initial aordable housing projects, including two upcoming north side multifamily properties.

1604

281

10

VISTA AT SILVER OAKS 76 units Funding from bond: $3.3M Total cost: $24.1M Developer: Atlantic Pacic AMI: 30%-60%

FIESTA TRAILS 60 units Funding from bond: $1.5M Total cost: $18.7M Developer: NRP Group AMI: 30%-60%

SILVER OAKS BRAZIL DR.

410

SOURCES: CITY OF SAN ANTONIO, U.S. DEPARTMENT HOUSING AND URBAN DEVELOPMENTCOMMUNITY IMPACT

MAP NOT TO SCALE N

18

COMMUNITYIMPACT.COM

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